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Provenance Hotels to Open Dossier Hotel in Summer 2017

Provenance Hotels to Open Dossier Hotel in Summer 2017

PORTLAND, Ore.—Provenance Hotels will open Dossier, a new upscale hotel, in the heart of downtown Portland in summer 2017. The 205-room hotel located at SW Park Avenue and SW Alder Street will be reminiscent of a private club, providing bespoke ...

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Hotel Industry Likely to See Belt Tightening in 2017

Hotel Industry Likely to See Belt Tightening in 2017

Scott Silver, CEO of boutique financial advisory firm Hospitality Funding, says that while the lodging industry is currently enjoying high overall performance, tapering RevPAR growth has made lenders a little less eager to take on new projects. In preparation for ...

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Examining the Strength of the Top 25 Hotel Markets

Examining the Strength of the Top 25 Hotel Markets

As the U.S. hotel industry continues its RevPAR growth cycle, some signs of a growth slowdown are apparent. The increase in new rooms in the United States is rapidly matching with the growth in U.S. rooms demand, leading to occupancy ...

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AmericInn Signs New Hotel in Redwood Falls, Minn.

AmericInn Signs New Hotel in Redwood Falls, Minn.

REDWOOD FALLS, Minn.—AmericInn, the largest mid-scale hotel brand in the upper Midwest, has announced that it is expanding into Redwood Falls, Minn. with the signing of a new AmericInn at 410 West Park Road in Redwood Falls, Minn. AmericInn Hotel ...

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U.S. Economy, Property Markets to Heat Up

U.S. Economy, Property Markets to Heat Up

NEW YORK—Global commercial real estate services firm Cushman & Wakefield released its latest U.S. Macro Forecast, anticipating that, following a turbulent year in 2016, the U.S. economy and property markets are positioned to perform well in 2017. “Even before the ...

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